View Single Post
Old 12-02-2010, 02:20 AM   #13
Travis Munroe
RealtorŪ
 
Travis Munroe's Avatar
 
Join Date: Feb 2009
Location: Calgary
Exp:
Default

Quote:
Originally Posted by Patrick View Post
Healthy reserve fund of $25K ahaha that is BAD for a building that old.Should BE MUCH higher.

actually that is a fairly healthy reserve fund for a condo conversion that took place roughly 5 years ago.
As for condo fees, it really isnt as bad as some might think. I personally look at a place like arriva where we just sold a unit with condo fees in the 800s i believe. That building has nothing but a party room. Granted they have full time security and window washing isnt cheap but still. Paying 800 a month on a 1100 sq ft condo is close to a mortgage payment for some.
__________________

OFFICIAL CP REALTOR & PROPERTY MANAGER
Travis Munroe | Century 21 Elevate | 403.971.4300

Residential Buying & Selling
info@tmunroe.com
www.tmunroe.com

Property Management
travis@mpmCalgary.com
www.mpmCalgary.com
Travis Munroe is offline